Answer:
Bill will earn more interest
He will earn $ 20,448.67 from his investment
Step-by-step explanation:
Firstly let us calculate Jim's earnings based on simple interest
A = P(1 + rt)
Calculation:
First, converting R percent to r
a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
Solving our equation:
A = 15000(1 + (0.035 × 25)) = 28125
A = $28,125.00
The total amount accrued, principal plus interest, from simple interest on a principal of $15,000.00 at a rate of 3.5% per year for 25 years is $28,125.00 for Jim
Now let's us calculate bill's investment based on compound interest
Equation
A = P(1 + r)^t
A=15000(1+0.035)^25
A=15000(1.035)^25
A=15000*2.36324498427
A = $ 35,448.67
We see that Bill will earn
$ 20,448.67 from his investment
When finding the slope of real-world situations, it is often referred to as rate of change. change in y Rate of change = change in x change in height change in time The average rate of change or a rider between 0 and 5 seconds is —24 ft/s. magnitude relation. Another synonym is "velocity".
Hope this helps
Answer:
If there is an even number of numbers, the median is the average of the two numbers in the middle.
Step-by-step explanation:
To find the median of any set of numbers, put them in order from smallest to greatest. If a number occurs more than once, list it more than once. The number in the middle is the median. If there is an even number of numbers, the median is the average of the two numbers in the middle. For your first example, we line them up: 3, 6, 6.
Answer:
Step-by-step explanation:
hope it helps...
have a great day!!
The answer would be where the points meet.
In this case it would be (1,-1)
